Indiana Code — Title 6 (Taxation)
IC 6-3.1-35.8-4
Application process; proof of payment; approval of a qualified
foster care organization
Sec. 4. (a) Any business firm or person that desires to claim a tax credit as provided in this chapter shall file with the department, in the form that the department may prescribe, an application stating the amount of the contribution or investment that it made that would qualify for a tax credit, proof of payment of the contribution, the amount sought to be claimed as a credit, and any other information that the department determines is necessary to determine whether the business firm or person is eligible for the credit.
(b) The department shall notify the applicant not later than forty-five (45) days after the department receives an application for a tax credit under subsection (a) that the applicant has been:
# (1)
approved for the tax credit; or
# (2)
denied the tax credit.
(c) An organization must apply to the department of child services for approval as a qualifying foster care organization for purposes of this chapter. The department of child services shall approve each organization applicant that is a qualifying foster care organization as defined in section 1(d) of this chapter and provide a list of each approved organization annually to the department before January 1 of each year.
As added by P.L.165-2021, SEC.91. Amended by P.L.97-2023, SEC.4.
Amendment history
As added by P.L.165-2021, SEC.91. Amended by P.L.97-2023, SEC.4.
Source: view the official text
Nearby sections (25 sections)
- 6-3.1-35-4 · Credit carryover
- 6-3.1-35-5 · Allocation of the credit by pass through entities that do…
- 6-3.1-35-6 · Credit assignment
- 6-3.1-35-7 · Requirements to be awarded a credit; maximum amount of
- 6-3.1-35-8 · Annual aggregate credit limit
- 6-3.1-35-9 · Procedures to claim a credit
- 6-3.1-35-10 · Rules
- 6-3.1-35-11 · Evaluation of the effectiveness of the credit
- 6-3.1-35-12 · Expiration of chapter
- 6-3.1-35.8-1 · Definitions
- 6-3.1-35.8-2 · Eligible persons
- 6-3.1-35.8-3 · Amount of credit; pass through entities
- 6-3.1-35.8-4 · Application process; proof of payment; approval of a…
- 6-3.1-35.8-5 · Annual aggregate credit limit
- 6-3.1-35.8-6 · Unused credits
- 6-3.1-35.8-6.1 · Information posted by the department
- 6-3.1-35.8-7 · Applicable tax years
- 6-3.1-35.8-8 · Expiration
- 6-3.1-36-1 · "Corporation"
- 6-3.1-36-2 · "Qualified applicant"
- 6-3.1-36-3 · "Qualified media production"
- 6-3.1-36-4 · "Qualified production expenses"
- 6-3.1-36-5 · "State tax liability"
- 6-3.1-36-6 · "Taxpayer"
- 6-3.1-36-7 · Application for tax credit; certification of eligibility